TD Cowen Boosts EQT (NYSE:EQT) Price Target to $70.00

EQT (NYSE:EQT) had its price objective raised by investment analysts at TD Cowen from $65.00 to $70.00 in a note issued to investors on Friday, MarketBeat reports. The firm presently has a “buy” rating on the oil and gas producer’s stock. TD Cowen’s price target would indicate a potential upside of 15.72% from the stock’s current price.

Other analysts have also issued research reports about the company. Wells Fargo & Company decreased their price target on EQT from $68.00 to $66.00 and set an “overweight” rating on the stock in a report on Thursday, October 23rd. Citigroup cut their price objective on shares of EQT from $63.00 to $62.00 and set a “buy” rating on the stock in a research report on Friday, December 19th. The Goldman Sachs Group lowered their target price on shares of EQT from $70.00 to $66.00 and set a “buy” rating for the company in a report on Thursday, January 22nd. Wall Street Zen raised EQT from a “sell” rating to a “hold” rating in a research note on Saturday, November 15th. Finally, Siebert Williams Shank upped their price objective on EQT from $59.00 to $62.00 and gave the company a “hold” rating in a research report on Monday, January 26th. One research analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $65.27.

EQT Stock Up 1.2%

Shares of NYSE EQT opened at $60.49 on Friday. The company has a current ratio of 0.76, a quick ratio of 0.58 and a debt-to-equity ratio of 0.27. EQT has a 12-month low of $43.57 and a 12-month high of $62.23. The firm’s 50-day moving average price is $54.68 and its 200-day moving average price is $54.57. The stock has a market capitalization of $37.76 billion, a price-to-earnings ratio of 18.27, a P/E/G ratio of 0.47 and a beta of 0.74.

EQT (NYSE:EQT) last issued its quarterly earnings data on Tuesday, February 17th. The oil and gas producer reported $0.90 earnings per share for the quarter, topping the consensus estimate of $0.76 by $0.14. EQT had a return on equity of 7.25% and a net margin of 23.59%.The company had revenue of $2.09 billion for the quarter, compared to analysts’ expectations of $2.13 billion. During the same period in the previous year, the firm posted $0.69 earnings per share. The firm’s revenue for the quarter was up 24.8% on a year-over-year basis. On average, equities research analysts anticipate that EQT will post 3.27 EPS for the current fiscal year.

Institutional Investors Weigh In On EQT

Several hedge funds have recently made changes to their positions in EQT. Cullen Frost Bankers Inc. increased its stake in shares of EQT by 8,000.9% during the third quarter. Cullen Frost Bankers Inc. now owns 153,431 shares of the oil and gas producer’s stock valued at $8,351,000 after buying an additional 151,537 shares during the period. Mitsubishi UFJ Trust & Banking Corp grew its holdings in EQT by 116.4% during the 3rd quarter. Mitsubishi UFJ Trust & Banking Corp now owns 534,485 shares of the oil and gas producer’s stock worth $29,092,000 after acquiring an additional 287,538 shares in the last quarter. First American Bank purchased a new position in EQT during the 3rd quarter valued at about $1,915,000. Adams Natural Resources Fund Inc. raised its holdings in shares of EQT by 97.1% in the 3rd quarter. Adams Natural Resources Fund Inc. now owns 220,500 shares of the oil and gas producer’s stock valued at $12,002,000 after purchasing an additional 108,600 shares in the last quarter. Finally, Sound Shore Management Inc CT purchased a new stake in shares of EQT in the 2nd quarter worth approximately $67,539,000. 90.81% of the stock is currently owned by hedge funds and other institutional investors.

Key Headlines Impacting EQT

Here are the key news stories impacting EQT this week:

• Positive Sentiment: Q4 earnings beat and operational drivers — EQT reported quarterly results that topped EPS expectations, driven by higher realized gas-equivalent prices and stronger sales volumes, which underpinned the earnings beat. Article Title
• Positive Sentiment: Large free cash flow and upgraded 2026 outlook — Management highlighted roughly $750M of Q4 free cash flow and raised 2026 production guidance while increasing its ownership in the Mountain Valley Pipeline to about 53%, signaling more control of midstream capacity and flexibility to fund buybacks, debt paydown or reinvestment. Article Title Article Title
• Positive Sentiment: Analyst upgrades lift sentiment — TD Cowen raised its target to $70 (buy) and JPMorgan lifted its target to $68 (overweight), both citing the company’s improved cash profile and outlook, which supports upside from current trading levels. TD Cowen Article JPMorgan Article
• Neutral Sentiment: CEO starts nonprofit with the Rockefellers — Toby Rice is launching a nonprofit to address energy access in low-income countries; positive for ESG/brand but unlikely to move fundamentals near-term. Article Title
• Neutral Sentiment: Call transcripts and summaries available — Full earnings call transcript and third‑party summaries provide more detail on capital allocation, production plans and commodity sensitivities for investors doing deeper due diligence. Call Transcript Earnings Summary
• Neutral Sentiment: Analyst/industry takeaways — Independent pieces (e.g., Seeking Alpha) are highlighting the strategic implications of the company’s “2x” production ambitions; useful for medium-term thesis but not an immediate catalyst. Seeking Alpha

About EQT

EQT Corporation (NYSE: EQT) is a U.S.-based energy company focused on the exploration, development and production of natural gas. Headquartered in Pittsburgh, Pennsylvania, the company concentrates its upstream operations in the Appalachian Basin, producing from major shale formations including the Marcellus and Utica. EQT’s primary product is natural gas, with production activities supported by associated liquids and conventional gas assets where applicable.

In addition to drilling and well development, EQT operates and coordinates the infrastructure and commercial activities necessary to bring gas to market.